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DESKTOP APPRAISALS: WHAT YOU NEED TO KNOW
May 20th, 2022 10:53 AM
Desktop Appraisals are not new. Over the past few years they have gained popularity since it is a quicker and less costly appraisal for the consumer. The Federal Housing Financial Association recently allowed the use of Desktop Appraisals for certain types of purchase transactions.
This much quicker- less expense alternative is due to the removal of appraisers need to visit the subject property or  sales comparable(s) thus no inspections including measuring the homes.*
Desktop Appraisals allow the appraiser to focus on providing the analysis and market expertise, we have rather than form filing. 



*The appraiser may select a "less expensive" inspector to take photo's or measure.

Posted in:General
Posted by Richard Wayne Abatelli on May 20th, 2022 10:53 AMPost a Comment

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